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Avation
(LSE:AVAP)
Avation (AVAP) vs. iShares MSCI United Kingdom ETF (EWC)
Avation Business Overview & Revenue Model
Avation Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 89.48M | 93.65M | 109.84M | 110.79M | 138.50M |
| Gross Profit | -3.83M | -14.31M | 3.05M | 4.24M | 34.65M |
| EBITDA | 29.70M | 20.48M | 40.80M | 79.44M | 103.24M |
| Net Income | 19.73M | 12.19M | 17.13M | -84.89M | 9.71M |
Balance Sheet | |||||
| Total Assets | 1.14B | 1.18B | 1.22B | 1.28B | 1.42B |
| Cash, Cash Equivalents and Short-Term Investments | 34.31M | 128.14M | 122.89M | 122.47M | 114.58M |
| Total Debt | 675.50M | 755.98M | 828.13M | 947.64M | 1.07B |
| Total Liabilities | 885.92M | 937.96M | 989.93M | 1.13B | 1.19B |
| Stockholders Equity | 256.39M | 241.63M | 227.09M | 156.94M | 220.95M |
Cash Flow | |||||
| Free Cash Flow | 81.56M | 48.38M | 54.46M | 62.18M | 29.77M |
| Operating Cash Flow | 81.57M | 48.39M | 54.48M | 62.28M | 88.51M |
| Investing Cash Flow | 13.21M | 38.52M | 65.62M | 20.08M | -58.74M |
| Financing Cash Flow | -96.03M | -97.36M | -109.90M | -92.59M | -56.17M |
Avation Technical Analysis
Avation Peers Comparison
Avation Corporate Events
Avation PLC has updated its global medium term note programme through its subsidiary, Avation Group (S) Pte. Ltd. This update allows the issuance of notes in various currencies and tenors, which can bear different interest rates or none at all, and is intended to facilitate the refinancing of outstanding notes. The updated Offering Memorandum has been published on the Singapore Stock Exchange and the company’s website. This move is expected to enhance Avation’s financial flexibility and strengthen its position in the aircraft leasing industry.
The most recent analyst rating on (GB:AVAP) stock is a Buy with a £285.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has announced the repurchase of 215,000 ordinary shares at 160 pence per share, which will be held in treasury. This transaction adjusts the total number of voting rights in the company to 66,373,757, impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:AVAP) stock is a Buy with a £285.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC announced that Mark Stephen Shelton, an executive director, has acquired 1,340 ordinary shares off-market, increasing his total holdings to 24,840 shares, representing 0.04% of the company’s issued share capital. This transaction highlights insider confidence in the company’s prospects and may positively influence stakeholder perceptions regarding Avation’s market positioning.
The most recent analyst rating on (GB:AVAP) stock is a Buy with a £285.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC announced a trading update indicating stable performance in line with market expectations. The company received a B1 Corporate Family Rating from Moody’s, reflecting a stable outlook. The global air travel market is experiencing growth, particularly in the Asia-Pacific region, which benefits Avation due to its concentrated fleet and customer base there. Despite supply chain constraints affecting new aircraft deliveries, Avation has managed to maintain strong aircraft valuations and lease rates. The company has also made strategic moves, including selling and acquiring aircraft, to optimize its fleet and reduce debt. Avation is actively managing its financials, with significant debt reduction and share repurchases, and is exploring refinancing options for its existing liabilities.
The most recent analyst rating on (GB:AVAP) stock is a Buy with a £285.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has announced a change in its major holdings, with Rangeley Capital LLC and Jeremy Michael Kersten Raper acting in concert to hold a combined 13.92% of voting rights in the company, down from a previous 14.89%. This adjustment in holdings could influence Avation’s strategic decisions and stakeholder engagement, as it reflects a shift in the company’s shareholder structure.
The most recent analyst rating on (GB:AVAP) stock is a Buy with a £285.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has announced the cancellation of 8,361,500 ordinary shares held in treasury, resulting in a total of 66,588,757 ordinary shares in issue with no shares held in treasury. This change affects the total number of voting rights, which shareholders can use to determine their required notifications under the FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:AVAP) stock is a Buy with a £285.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has been assigned a first-time B1 Corporate Family Rating and a B2 issuer rating with a stable outlook by Moody’s Ratings. This development, advised by HSBC, may enhance Avation’s credibility and attractiveness in the aircraft leasing industry, potentially impacting its operational dynamics and stakeholder relations positively.
The most recent analyst rating on (GB:AVAP) stock is a Buy with a £285.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has signed a six-year lease agreement with PNG Air for an ATR 72-600 aircraft, which is currently leased to Mandarin Airlines. This transition, scheduled for the fourth quarter of 2025, strengthens Avation’s relationship with PNG Air and enhances its position in the aircraft leasing industry.
The most recent analyst rating on (GB:AVAP) stock is a Buy with a £285.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has announced a change in the voting rights held by Rangeley Capital LLC and Jeremy Michael Kersten Raper, who are acting in concert. The total voting rights have decreased from 15.94% to 14.89%, reflecting a disposal of voting rights. This change may impact the company’s shareholder dynamics and influence in decision-making processes.
The most recent analyst rating on (GB:AVAP) stock is a Buy with a £285.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has announced the sale of a Boeing 777-300ER and a new ATR72-600 at prices above their book value, highlighting the robust demand for modern commercial aircraft. The company also revealed a favorable difference of approximately US$82 million between third-party market appraisals and its book value for its fleet, excluding the Boeing 777-300ER, indicating strong market positioning and potential financial benefits for stakeholders.
The most recent analyst rating on (GB:AVAP) stock is a Buy with a £285.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has announced the successful delivery and sale of a new ATR 72-600 aircraft to a Caribbean airline, marking the second sale from a series announced in May 2024. This transaction, which generated approximately US$5 million in net cash proceeds, underscores the strong market demand for ATR turboprop aircraft and Avation’s strategic decision to capitalize on favorable market conditions. The proceeds from the sale may be used to reduce the company’s debt, enhancing its financial position.
The most recent analyst rating on (GB:AVAP) stock is a Buy with a £285.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has successfully completed the sale of a new ATR 72-600 aircraft to a Caribbean airline, marking the second sale in a series announced in May 2024. This transaction, which generated approximately US$5 million in net cash proceeds, underscores the robust demand for ATR turboprop aircraft and highlights Avation’s strategic flexibility in leveraging market opportunities to strengthen its financial position.
The most recent analyst rating on (GB:AVAP) stock is a Buy with a £285.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has announced an agreement to sell a Boeing 777-300ER aircraft, currently leased to Philippine Airlines, capitalizing on strong asset valuations post-COVID. The sale is expected to generate a significant profit above book value, releasing approximately US$33 million in net cash proceeds after debt repayment. This cash will be used to reduce debt and potentially reinvest in high-quality narrowbody aircraft, enhancing fleet resilience and diversification. The transaction is anticipated to complete in the third quarter of 2025, aligning with Avation’s strategy to optimize its fleet’s risk profile and reduce leverage.
The most recent analyst rating on (GB:AVAP) stock is a Buy with a £285.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Avation PLC has announced its continued commitment to repurchasing Avation Capital S.A. Senior PIK Toggle Notes due 2026 as part of its global medium-term note program. The company will provide quarterly updates on the repurchases, with immediate announcements for significant transactions, reflecting its strategic financial management and potential impact on its financial stability and stakeholder confidence.
Avation PLC has repurchased US$3.5 million of its Senior PIK Toggle Notes due 2026, acquired at 97.5% of face value, and will cancel them, leaving US$320 million in outstanding notes. This move reflects Avation’s ongoing financial management strategy, potentially impacting its debt profile and signaling a focus on strengthening its balance sheet.
Avation PLC has repurchased US$1.94 million of its Senior PIK Toggle Notes due 2026 at 97.50% of face value, reducing the outstanding notes to approximately US$324.6 million. This strategic move is likely to impact the company’s financial structure and could influence its market positioning by potentially improving its debt profile.
Avation PLC has repurchased 25,000 ordinary shares at 150 pence per share, which will be held in treasury, affecting the total number of voting rights in the company. This transaction highlights Avation’s strategic financial management, potentially impacting shareholder calculations under the FCA’s rules.